Politics

Trump's crypto income tops $1 billion in 2025 disclosures

Trump’s 2025 disclosure showed more than $1 billion from crypto, with $TRUMP and World Liberty Financial eclipsing Mar-a-Lago and his golf clubs.

Sarah Chen··2 min read
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Trump's crypto income tops $1 billion in 2025 disclosures
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Donald Trump’s 927-page 2025 financial disclosure, released by the U.S. Office of Government Ethics on June 30, showed more than $1 billion in crypto-related income during the first year of his second, non-consecutive term back in office. Some filings and reporting put the total near $1.4 billion, a scale that dwarfed the money he reported from Mar-a-Lago, Trump Doral and branded merchandise and sharpened the conflict-of-interest scrutiny surrounding a sitting president.

World Liberty Financial, the Trump-linked crypto company co-founded by members of his family, including Eric Trump and Donald Trump Jr., was at the center of the windfall. The filing showed about $515 million from sales of tokens released by World Liberty Financial and another $65 million from sales of equity in the company’s holding company. Trump also reported roughly $635 million tied to sales and licensing connected to the $TRUMP meme coin. World Liberty issues the WLFI governance token and the USD1 stablecoin, putting the family directly inside a business tied to the fast-moving digital asset market.

The rest of Trump’s income stream was much smaller. The disclosure showed about $77.5 million from Mar-a-Lago and $122 million from Trump Doral, while Trump-branded Bibles, sneakers and watches brought in millions more. Even so, those traditional businesses were overshadowed by the crypto receipts, which now appear to be the president’s dominant source of income by a wide margin. A 2025 transaction involving World Liberty Financial and Alt5 Sigma indicated the Trump family was entitled to roughly $500 million, reinforcing how central crypto has become to the family business.

The White House denied that Trump was profiting from the presidency, but the filing intensifies a basic ethics question: whether policy decisions on token issuance, stablecoins, exchange oversight and enforcement can directly affect assets tied to the president’s family. Since Trump returned to office in January 2025, his administration has made crypto-friendly policy a priority, drawing concern from ethics critics who see a mismatch between the speed of the market and the speed of safeguards.

Income by Source
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The latest disclosure marks a steep jump from Trump’s previous filing, which reported just $57.35 million from World Liberty Financial token sales. Separate estimates have put the Trump family’s crypto-related gains since 2025 at about $2.3 billion, with outside investors losing about the same amount on paper.

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